Effective Annual Yield Rate Calculator

Publish date: 2024-06-17

Effective Annual Yield Rate Calculator Image to Crop

Enter nominal interest rate

What is the effective annual yield rate of

% compounded daily?

Convert to a daily basis

There are 365 days in a year

Interest Rate =	0
	365

Interest Rate = 0

Set up daily compounding

From above, we have n = 365

Yield Rate = (1 + daily rate)n - 1

Yield Rate = (1 + 0)365 - 1

Yield Rate = 1365 - 1

Yield Rate = 1 - 1

Yield Rate = 0
Yield Rate Expressed as a percentage = 0%

You have 1 free calculations remaining

What is the Answer?

Yield Rate = 0
Yield Rate Expressed as a percentage = 0%

How does the Effective Annual Yield Rate Calculator work?

Free Effective Annual Yield Rate Calculator - Figures out the effective annual yield rate of interest entered by compounding daily, weekly, semi-monthly, monthly, quarterly, semi-annually, and continuously.
This calculator has 1 input.

What 3 formulas are used for the Effective Annual Yield Rate Calculator?

Effective time = Interest/Number of Compounding Periods
Decimal Rate = (1 + effective time)n - 1
Percentage Rate = 100% * Decimal Rate

For more math formulas, check out our Formula Dossier

What 4 concepts are covered in the Effective Annual Yield Rate Calculator?

compound interestthe interest you earn on principal and interest
A = (1 + r/n)nteffective annual yield rateYield rate taking compounding periods into effectinterestpayment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum, at a particular rateyieldHow much an investment returns in terms of interest rate

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